Business

Business

MarineMax Acquires Fraser

06-Sep-2019

Fraser Yachts Group — a Monaco-based yacht brokerage, chartering and management brand in business since 1947 — has been acquired by MarineMax from the Azimut Benetti Group. Fraser staff will stay in place, as will directors Roberto Giorgi and Paolo Vitelli in an advisory capacity. The agreement also includes MarineMax’s exclusive dealership of Benetti Yachts in North America.

“The acquisition of Fraser is significant for MarineMax as it dramatically increases our presence and strength in the strategically important superyacht category,” says MarineMax President and CEO Brett McGill. “Second, it expands our international capabilities and footprint, unlocking other potential future opportunities. We are happy that Paolo and Roberto will remain with Fraser as their years of experience are invaluable.”